2012-09-14mortgagenewsdaily.com

``DeMarco said that building toward a future housing finance system requires building systems like a securitization platform and standards for the secondary market that are accessible to small, mid-size, and large markets alike. A new securitization platform for the secondary market is key to this vision.

There may be confusion, he said, between a platform and the establishment of a single GSE security. Security performance has been a long standing issue and establishment of the conservatorship has affected this issue in various ways. "Our immediate priority is a single, common platform not a single security," he said.''



Comments: Be the first to add a comment

add a comment | go to forum thread